About Orbion Space Technology
Orbion Space Technology is an Aerospace, Defense & Maritime company based in Houghton (United States) founded in 2016 by Lyon King, and was acquired by York Space Systems in March 2026. Developer of electric propulsion systems for satellites. Orbion Space Technology has raised $72.04 million across 13 funding rounds from investors including York Space Systems, Material Impact and Inventus Capital Partners. Its chief executive, as recorded, is Lyon King. Orbion Space Technology offers products and services including Aurora Propulsion System and Thruster Configurator. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Support Engineering and Satellite Components. Its competitors include Ursa Major and Phase Four; 2 of its 2 listed competitors have raised funding.
Company details
Orbion Space Technology was founded in 2016 and is based in Houghton, United States. Operations focus on the space technology sector, where electric propulsion solutions for small satellites are created. Hall-effect thrusters employing plasma and ion-based methods are produced to enable satellite propulsion in orbit. These systems support commercial applications in satellite deployment and maneuvering.
- Headquarters Houghton, United States
- Founders Lyon King
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Website orbionspace.com
- Social LinkedIn X
- Acquired by York Space Systems (Mar 2026)
- Legal Name Orbion Space Technology
- Total Equity Funding$72.04M (USD)
in 13 rounds
- Latest Funding Round$27.07M (USD), Series B
Dec 2025
- InvestorsYork Space Systems
& 9 more
- Acquired byYork Space Systems
(Mar 2026)
Products & Services of Orbion Space Technology
Orbion Space Technology offers a comprehensive portfolio of products and services, including Aurora Propulsion System and Thruster Configurator.
Integrated system for small satellite maneuvers and fuel efficiency.
Online tool to design custom propulsion based on mission requirements.
Funding Insights of Orbion Space Technology
Orbion Space Technology has successfully raised a total of $72.04M across 13 strategic funding rounds. The most recent funding activity was a Series B round of $27.07 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $72.04M
- Total Rounds 13
- Last Round Series B — $27.07M
- First Round $1.36M
(Jul 2017)
- Investors Count 9
Latest 10 of 13 funding rounds of Orbion Space Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $27.07M | Series B | – | – | – |
| Oct 2025 | $500,000 | Debt – Conventional | – | – | – |
| Jul 2025 | $650,000 | Series B | – | – | – |
| Nov 2024 | $2.55M | Series B | – | – | – |
| Sep 2024 | $1.98M | Series B | – | – | – |
| Jun 2023 | $7.8M | Series B | – | – | – |
| Oct 2021 | $87,979 | Series B | – | – | – |
| Jun 2021 | $20M | Series B | – | Inventus Capital Partners | |
| Aug 2019 | $9.2M | Series A | – | Material Impact | |
| Jul 2019 | $200,000 | Seed | – | – | – |
10 investors in total: 10 institutional.
Investors in Orbion Space Technology
Orbion Space Technology has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include York Space Systems, Material Impact and Inventus Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are targeted by Inventus Capital Partners. | inventuscap.com | Burlingame, United States | ||
Investments are made in growth-stage startups by Beringea. | beringea.com | Farmington Hills, United States | ||
Wakestream Ventures is engaged in early stage venture funding. | wakestreamventures.com | Grand Rapids, United States | ||
Early-stage capital is provided to Michigan-based high-tech startups. | 2009 | idventures.com | Detroit, United States | |
Investments are provided to early-stage technology startups in Michigan. | investmichigan.org | Northville, United States | ||
Seed-focused venture capital firm investing in tech-based startups | investdetroit.com | Detroit, United States | ||
| annarborusa.org | ||||
Investment in Northern Michigan tech companies is facilitated. | boomerangcatapult.com | Traverse City, United States | ||
Venture capital firm investing in and building material science companies | 2015 | materialimpact.com | Boston, United States | |
Spacecraft manufacturing costs are minimized via patented platform technology. | 2014 | yorkspacesystems.com | Denver, United States |
Investor details for Orbion Space Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Orbion Space Technology
19 people are tracked at Orbion Space Technology (7 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Lyon King | Co-Founder & CEO | Leadership |
Kanwal Rekhi | Director | Leadership |
Jason D. Sommerville | CTO | Leadership |
John Rockwell | Director | Leadership |
Rob Washeleski | VP, Flight Programs | Leadership |
Adam Sharkawy | Director | Leadership |
Jorge Ramos | Chief Financial Officer | Leadership |
Kaelan Anderson | Senior Embedded Software Engineer | Team |
Roger Myers | Lead System Engineer | Team |
Kurt Terhune | Team Lead - Test Systems | Team |
Steve Battel | Space Electronics Expert | Team |
Nolan Pickett | Engineering Intern | Team |
Ryan D. Zimmerman | Sr. Engineering Drafter | Team |
Aaron Dickey | Lead Mechancial Engineer | Team |
Carol Moore | Purchasing Manager | Team |
Jacob Aeschliman | Project Engineer | Team |
Scott Hall | Lead Propulsion Engineer | Team |
Andrew Rose | Project Engineer | Team |
Scott T Melin | Team Lead - Test Systems | Team |
Complete people profiles for Orbion Space Technology
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Timeline of Orbion Space Technology
4 dated milestones of Orbion Space Technology across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Orbion Space Technology is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series B, of $27.1M.
- Exit Acquired by York Space Systems.
Competitors of Orbion Space Technology
Orbion Space Technology has 2 listed competitors in our database, 2 of them funded. They include Ursa Major and Phase Four.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ursamajor.com | 2015 | Berthoud, United States | $419.68M | 209 | Ursa Major is engaged in developing propulsion and defense systems. | |
| phasefour.io | 2015 | Pasadena, United States | $43.59M | 29 | Plasma propulsion systems for small satellites are developed and manufactured. |
Detailed competitors of Orbion Space Technology
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Web traffic of Orbion Space Technology
The website of Orbion Space Technology (orbionspace.com) receives about 4K visits a month.
- Monthly visits4K
▼ 16.6% vs previous month
Top companies in Space Research & Technology
3 companies that operate in the same segment as Orbion Space Technology (Space Research & Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Astra is engaged in providing space launch services. | 2016 | Alameda, California, United States | USD 136.93 M | |||
Reusable launch vehicles for large payloads are developed and launched. | 2002 | Hawthorne, California, United States | USD 11.86 B | USD 18.67 B | 20,833 |
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Frequently Asked Questions about Orbion Space Technology
Orbion Space Technology was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Orbion Space Technology is headquartered in Houghton, United States. It is registered at Houghton, Michigan, United States.
Lyon King is the CEO of Orbion Space Technology, as recorded in our data. They have also founded this company.
Orbion Space Technology is a funded company, having raised a total of $72.04M across 13 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jul 2017.
Orbion Space Technology was founded in 2016 and is based in Houghton, United States. Operations focus on the space technology sector, where electric propulsion solutions for small satellites are created. Hall-effect thrusters employing plasma and ion-based methods are produced to enable satellite propulsion in orbit. These systems support commercial applications in satellite deployment and maneuvering.
Orbion Space Technology's top competitors include Phase Four and Ursa Major.
Orbion Space Technology offers Aurora Propulsion System and Thruster Configurator.
Orbion Space Technology has 10 investors. Key investors include York Space Systems, Material Impact, Inventus Capital Partners, Beringea, and Wakestream Ventures.
Orbion Space Technology operates through Orbion Space Technology.
Yes. Orbion Space Technology was acquired by York Space Systems in March 2026.